FXStreet (Mumbai) – In an interview with the German daily Handelsblatt on Wednesday, European Commission Vice President Valdis Dombrovskis noted that the economic slowdown in China is expected to pose downside risks to the Union’s H2 2015 economic forecasts.
Key Quotes:
“The external growth risks have increased.”
“The economic slowdown in China, the problems with Ukraine and Russia and the instability in the Middle East are risk factors. We will consider these in our Autumn Forecast which comes out in November.”
(Market News Provided by FXstreet)